The existence of non-inclusive households significantly reduces the effect of the interest rate
change policy on households inter-temporal consumption decisions. Further, financial …

Starting with the interactive relationship between electronic money and household
consumption stimuli, this paper deeply analyzes the changes in the behavior of each …

Financial innovations have reduced banks' reserve holdings significantly. Some argue the
Fed's ability to set interest rates might eventually be compromised as a result. This concern …

The objective of this paper is to determine how the monetary transmission mechanism is
affected by financial market developments. The study is motivated by the fact that the …

Abstract Electronic money (e-money), as a network good, could become an important form of
currency in the future. Such a development could affect monetary policy effectiveness. If an …

In recent years, there has been a significant revival of interest in arrangements that limit a
country's freedom to determine its own exchange rate. Writers such as Beddoes (1999) and …

This article aims to identify the role of Islamic fintech (peer-to-peer lending) in influencing
Indonesia's economic growth. Economic growth is proxied by the growth rate of gross …